Nexstar Media Group/$NXST
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Nexstar Media Group
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed, Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN America), a cable news network, 75% of the fifth national broadcaster, The CW, and a 31% stake in Food Network and Cooking Channel.
- Ticker
- $NXST
- Sector
- Communication
- Primary listing
- NASDAQ
- Employees
- -
- Headquarters
- Irving, United States
- Website
- www.nexstar.tv
NXST Metrics
BasicAdvanced
$5.2B
31.83
$5.34
0.89
$7.44
4.37%
Price and volume
Market cap
$5.2B
Beta
0.89
52-week high
$254.30
52-week low
$153.17
Average daily volume
349K
Dividend rate
$7.44
Financial strength
Current ratio
1.562
Quick ratio
1.403
Long term debt to equity
5.168
Total debt to equity
5.338
Dividend payout ratio (TTM)
120.21%
Interest coverage (TTM)
2.39%
Profitability
EBITDA (TTM)
1,699
Gross margin (TTM)
55.07%
Net profit margin (TTM)
3.20%
Operating margin (TTM)
18.52%
Effective tax rate (TTM)
20.75%
Management effectiveness
Return on assets (TTM)
5.09%
Return on equity (TTM)
7.43%
Valuation
Price to earnings (TTM)
31.834
Price to revenue (TTM)
0.88
Price to book
2.4
Price to tangible book (TTM)
-0.47
Price to free cash flow (TTM)
6.962
Free cash flow yield (TTM)
14.36%
Free cash flow per share (TTM)
24.434
Dividend yield (TTM)
4.37%
Forward dividend yield
4.37%
Growth
Revenue change (TTM)
10.53%
Earnings per share change (TTM)
-72.40%
3-year revenue growth (CAGR)
3.81%
10-year revenue growth (CAGR)
19.46%
3-year earnings per share growth (CAGR)
-33.84%
10-year earnings per share growth (CAGR)
6.48%
3-year dividend per share growth (CAGR)
-6.15%
10-year dividend per share growth (CAGR)
24.08%
What the Analysts think about NXST
Analyst ratings (Buy, Hold, Sell) for Nexstar Media Group stock.
Analyst projections of the future price of Nexstar Media Group stock.
Bulls say / Bears say
Nexstar generated $238 million of adjusted free cash flow in Q2 and used $409 million to repay debt. That cash generation gives it room to reduce the heavier borrowing taken on for Tegna. (SEC)
Political advertising is a near-term earnings tailwind as the US midterm campaign reaches its final stretch. Nexstar reported $147 million of political advertising in Q2, and management said spending had remained strong ahead of the election. (SEC, Stock Analysis)
The CW could gain viewers and advertisers through its new streaming distribution deals with ESPN and Roku. Its total-day audience was up 10% year on year in June, offering a growth avenue beyond Nexstar’s traditional station business. (SEC)
Nexstar’s Tegna acquisition remains tied up in antitrust litigation, and a judge found in August that Nexstar had breached the order requiring the businesses to remain separate. Continued restrictions or an adverse outcome could prevent integration and put the deal’s expected benefits at risk. (Los Angeles Times)
The core business faces pressure from declining traditional television audiences and advertising moving to digital platforms. Nexstar reported that combined non-political advertising fell 5.8% in Q2 and expected another mid-single-digit decline in Q3, while subscriber losses also weighed on distribution revenue. (Morningstar, Stock Analysis)
Debt rose to $11.7 billion after the Tegna acquisition, compared with $6.3 billion at year-end, while cash was $218 million at June quarter-end. High debt and refinancing costs could limit flexibility even as Nexstar prioritises repayments. (SEC, Stock Analysis)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
NXST Financial Performance
Revenues and expenses
NXST Earnings Performance
Company profitability
Upcoming events
No upcoming events
NXST News
AllArticlesVideos
Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share
Business Wire9 hours ago
Nexstar's Local TV Stations Receive Two National Edward R. Murrow Awards for Outstanding Journalism and Exceptionally Produced Content
Business Wire3 months ago
Nexstar Media Group Q2 Earnings Call Highlights
MarketBeat3 months ago
Funds containing NXST
AllEURUSDGBP
Fund name | Fund size | $NXST weighting |
|---|---|---|
iShares Dow Jones U.S. Select Dividend€EXX5 | €412M | 0.38% |
SPDR S&P 400 US Mid Cap£SPX4 | $6.4B | 0.14% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.4B | 0.14% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.11% |
L&G Global Quality Dividends£LDGG | $353M | 0.09% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.